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Author Topic: What happened to the Centra coin?  (Read 91 times)
prashanta (OP)
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April 10, 2018, 05:48:10 PM
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Delisted from binance, okex and kucoin. Just got an email that cryptopia is doing the same. The only people still buying are the delusional folks in the telegram group. So what's the actual reason...?
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haroldtee
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April 11, 2018, 05:40:13 AM
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It was all over the news but I guess some usually do not bother reading. The co-founders were arrested for fraudulent activities during the ICO which they are obviously not going to be getting out from. In one word, CTR is dead. As there is no longer a team, then there is no project, hence, no CTR.

I am sure some noobs on some exchanges now may be feeling lucky thinking they are buying at the bottom. That is what happens when all the mentality they brought into trading was buy low sell high. Unfortunately, they are about to baghold a 'no hope' token for the rest of their lives. I still won't be surprised if exchanges like HitBTC or Yobit still lives it listed anyway.
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April 11, 2018, 05:46:02 AM
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It was all over the news but I guess some usually do not bother reading. The co-founders were arrested for fraudulent activities during the ICO which they are obviously not going to be getting out from. In one word, CTR is dead. As there is no longer a team, then there is no project, hence, no CTR.

I am sure some noobs on some exchanges now may be feeling lucky buying at the bottom. That is what happens when all the mentality they brought into trading was buy low sell high. Unfortunately, they are about to baghold a 'no hope' token for the rest of their lives. I still won't be surprised if exchanges like HitBTC or Yobit still lives it listed anyway.

They were arrested for faking partnership with visa and mastercard while they had no any words with those companies. Misleading the investors all the way.
And yeah you can always sell them on yobit.
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April 11, 2018, 05:59:41 AM
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This is an official statement from the SEC, this is the reason why everyone dumped centra.
https://www.sec.gov/news/press-release/2018-53

I do not know whether the project continues and from this you can make your own conclusions about centra.
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